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Eaton (ETN) in Focus: Stock Tumbles 8% - Tale of the Tape

Eaton Corporation plc
(
ETN
) saw a big move last session, as the company's shares fell over 8%
on the day. The move came on pretty good volume too with far more
shares changing hands than in a normal session. This continues the
recent downtrend for ETN, as the stock is now down nearly 9% in the
past one-month time frame.

This slump shouldn't be too much of a surprise to investors, as the
power management company has seen 6 negative revisions in the past
few weeks and its current year earnings consensus has moved lower
over the last 30 days. This suggests there may be more trouble down
the road. So make sure to keep an eye on this stock going forward
to see if this recent slump will continue, as the earnings picture
definitely suggests that this might be the case.

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